Why Forestar Group Stock Was Sinking This Week
Forestar (FOR) The Motley Fool·2024-04-19 20:45The company easily topped analyst estimates in its fiscal second quarter, but its immediate future might not be so rosy.The stock of Forestar Group (FOR 0.99%), a publicly traded subsidiary of big home builder D.R. Horton that concentrates on developing real estate lots, hasn't built much wealth for investors in recent days.According to data compiled by S&P Global Market Intelligence, Forestar's share price was down by nearly 17% week to date as of early Friday morning. It seems the market wasn't impressed ...